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MENA

Insurer buys stake in factoring firm

Migdal Insurance has announced the acquisition of a stake in factoring firm Peninsula Financial Ltd. (more…)

#acquisition#insurance#investment

Bahrain's AUB set to bolster SMEs

Ahli United Bank (AUB) has launched the 'Supplier Finance' programme, as part of its continuous efforts to support the growth of SMEs. (more…)

#Access Bank#bank#smes


UNB launches commercial rent loan for SMEs

Union National Bank (UNB), one of the UAE's leading banks, has announced the launch of a new product that offers…


ICIEC posts 71pc rise in business insurance

The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group,…

#bank#ECI#export credit insurance


Tunisie Factoring long-term rating affirmed at 'BBB'

Fitch Ratings said it affirmed Tunisie Factoring's (TF) national long-term rating at 'BBB(tun)' with a stable outlook. (more…)

#investment#management#risks


Clal Factoring – growth of 35% in 2007

Clal Factoring closed 2007 with a factoring volume of $580 million, 65% of which was domestic and 35% International. (more…)

#bonds#factoring industry#international


Khalifa Fund aims to boost SMEs

The Khalifa Fund for SMEs is working on the establishment of a new venture capital fund. (more…)

#Boost#interest#interest rate


Arab Investment and Export Credit Guarantee Corp rated AA-

Standard Poor's Ratings Services assigned its long-term 'AA-' counterparty credit and insurer financial strength ratings, with a stable outlook, to…

#exports#guarantee#insurance


Muscat Finance proposes 30 pc dividend

Muscat Finance Company, one of the leading leasing and finance companies in the region, has proposed a 30% dividend for…

#bank#economy#leasing


Morocco signs up Experian to provide new credit bureau

The Moroccan Central Bank, Bank Al-Maghrib, has signed a 25 year agreement with Experian services to upgrade and run its Credit…

#bank#conference#international


Khalifa Fund gives Dh40m to small firms

The Khalifa Fund for supporting SMEs announced that the total value of funding in the past six months reached Dh40m.…

#funding#smes


OQIC joins hands with credit insurance major Euler Hermes

Oman Qatar Insurance Company (OQIC) has joined hands with Euler Hermes, to provide trade credit insurance solutions in the Sultanate.…

#guarantees#international#International Trade

Leumi in factoring joint venture talks with Coface

Bank Leumi is reported to be in advanced talks to set up a joint factoring company with Coface. (more…)

#bank#exporters#international

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